>What are the benefits of a fortune 500? Who are the beneficiaries? The main ones would be investors and management, including a subset of employees.
Workers are also a pretty big beneficiary: look how well workers at recent Fortune 500 entries like FAANG are paid. Even after accounting for subsidised health and education benefits the average European developer is still lucky to earn even half of what the average US developer does. Sure it's noble for Europeans to want more equality but I don't think policies that reduce salaries are a good way to do that; better to lift the worse-off up than pull the better-off down.
Workers are also a pretty big beneficiary: look how well workers at recent Fortune 500 entries like FAANG are paid. Even after accounting for subsidised health and education benefits the average European developer is still lucky to earn even half of what the average US developer does. Sure it's noble for Europeans to want more equality but I don't think policies that reduce salaries are a good way to do that; better to lift the worse-off up than pull the better-off down.